Rain City Water Polo Club
- Assets
- $88.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 14
- Location
- Mercer Island, WA
- Founding
- 04/2012
- Data as of
- 08/2021
- EIN
- 27-4133865
Organization Overview
Rain City Water Polo Club is located in Mercer Island, WA. The organization was established in 2012. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 08/2021, Rain City Water Polo Club employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rain City Water Polo Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Rain City Water Polo Club generated $159.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $162.2k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED WATER POLO TRAINING AND COMPETITION FOR YOUTH OF ALL AGES AND ALL SKILL LEVELS IN ACCORDANCE WITH THE STANDARDS OF THE FEDERATION INTERNATIONALE DE NATATION AMATUER AND U.S. WATER POLO, INC. PROVIDED BENEFITS FOR OVER 200 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Schirmer Director | 10 | $22,890 | |
Thornton M Tyson President/di | 10 | $0 | |
Thomas Gaisser Treasurer/di | 3 | $0 | |
Casey Lynn Director | 5 | $0 | |
Farrah Kunkel Director | 5 | $0 | |
Jeni Gaisser Secretary/di | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15 |
| Total Program Service Revenue | $159,730 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,755 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,656 |
| Professional fees and other payments to independent contractors | $9,209 |
| Occupancy, rent, utilities, and maintenance | $68,810 |
| Printing, publications, postage, and shipping | $118 |
| Other expenses | $23,421 |
| Total expenses | $162,214 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,991 |
| Other assets | $0 |
| Total assets | $87,991 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,991 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rain City Water Polo Club has recieved totaling $7.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wave Aquatics Kirkland, WA | $630,453 | $2,501,805 |
George Y Pocock Rowing Foundation Seattle, WA | $3,882,620 | $2,812,752 |
Seattle Metropolitan Aquatic Club Smac Seattle, WA | $884,255 | $1,782,098 |
United Catcher Boats Seattle, WA | $475,180 | $1,731,610 |
View Ridge Swim And Tennis Club Inc Seattle, WA | $3,724,944 | $1,441,409 |
Sammamish Rowing Association Redmond, WA | $4,776,054 | $1,351,994 |
Issaquah Swim Team Association Issaquah, WA | $1,210,423 | $1,327,015 |
Lake Oswego Swim Club Lake Oswego, OR | $414,917 | $727,237 |
Arbor Heights Swim Club Inc Seattle, WA | $1,525,580 | $677,128 |
Whitewater Aquatics Management Seattle, WA | $197,555 | $544,677 |
Innis Arden Swim Club Shoreline, WA | $1,906,549 | $769,141 |
Usa Swimming Inc Auburn, WA | $927,564 | $338,583 |